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Do you have an account with State Bank of India (SBI)? However, are there regular transactions in that account? Putting money in that account but ..

Sbi
Do you have an account with State Bank of India (SBI)? However, are there regular transactions in that account? The bank will already have an alert message about what will happen if you do not deposit money in the account or withdraw the money. State Back of India has been providing various precautions to its customers from time to time. SBI Bank has recently issued an alert to 44 crore customers on its Twitter account.
State Bank of India offers many facilities to its customers. Now most banking tasks are completed only through online medium. But, along with this there are also many bank rules that customers have to follow. Failure to comply with these rules will result in the bank deactivating your account. After that you may not be able to make any transactions from the bank account. For example .. If you do not make any transaction from the bank account till the specified time .. the bank will close that account. You will then need to reactivate that account.
Be careful not to let such a situation get into your account. If this happens to your account, you may need to re-open the account. Find out in advance how it works. If you do not follow this process your account will be terminated. SBI Learn about these special rules. Every customer needs to pay attention to the bank rules.
When does your account become inactive?
According to RBI guidelines, if no transaction is made in the savings or current account for two years, it will be included in the ‘useless’ account category. If it continues for 10 years .. that is, suppose no transaction takes place for 10 years. Then the money deposited in it, its interest, will be transferred to the Education Awareness Fund. However, the bank will also inform the customer about it before doing so.
How do I activate an account?
According to the information shared by SBI .. In order to reactivate the account .. KYC update must be completed first. This means you have to submit all your KYC documents to the bank. Apart from this, the customer also has to go to the bank and make a debit transaction. Keep in mind that this transaction must only take place through a bank. The bank then informed him to visit the bank branch with the KYC document. You will also need to contact your bank branch.
@TheOfficialSBI can i expect any action from your side.#SBI #Shame
— MuZammil Khan (@singmuzammil) August 31, 2021
Also read: Pig Farming: Quit bank job .. Learned skills .. Earning lakhs .. Do you know how it was possible ..
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